Skill gaming and the future of real money gaming | Nancy MacIntyre
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Nancy MacIntyre, CEO of Game Taco, gave a quick rundown of the skill-gaming market and the future of real-money games at our recent GamesBeat Summit 2023 event.
MacIntyre became the CEO of Game Taco in May. Game Taco bought the skill-based gaming publisher Worldwinner from Sony in May 2021. Worldwinner itself got started in skill games in 1999, and last year, Game Taco partnered with FanDuel to develop a new product.
She said that Game Taco runs over nine million tournaments every month and it has given out over $2 billion in cash prizes to date. Most of the business is on the mobile gaming platforms, which are on track to hit $90 billion in 2023, MacIntyre said.
One thing that’s relevant to the skill gaming business is that 50% of the revenues in mobile gaming are driven by casual games, including sports games and casino games.
“Those are really the foundation for the skill business, and the skill gaming categories are outpacing growth of the greater game sector,” MacIntyre said.
Last year, the skill-gaming business did about $10 billion and represented around 8% of the overall gaming category, she said. That’s expected to grow to nearly 15% of total mobile games by 2025.
The top skill gaming markets start with the US but we’ve got India, Mexico, the United Kingdom and Germany round out the top five on a global basis. There are regulations in various markets that make it more complex to launch skill games around the world than just launching in the app store.
“But we’re beginning to see new markets in Europe, Latin America, and more that are embracing skill gaming and we do expect that to continue to grow
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